Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.142%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.142%, 7d avg +0.057%
=Together, before fees+0.007%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.085% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1125 | 0.0100 | pay 0.0100% / 8h | 28m 44s | $23.1M | $2.9M | 200x |
| Short | Hyperliquid ALGO | 0.1127 | 0.0100 | get 0.0013% / 1h | 28m 44s | $3.8M | $1.9M | 5x |
MEXC ALGO_USDT
Hyperliquid ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.142% → +0.057%
- $8.49
- Slippage, 4 orders
- −$26.17
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$26.68
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 5 min ago | 0.44 bp | 3.2 bp −$3 | 12.4 bp −$124 | 435.4 bp −$43.5K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.33 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0549% | 1h | 0.1126 | +0.044% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0157% | 1h | 0.1126 | +0.039% | $837K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0119% | 8h | 0.1124 | −0.053% | $11.3M | $12.2M | 75x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0112% | 1h | 0.1130 | +0.436% | $62K | $333K | 50x | as long as short |
| Variational Omni ALGO | −0.0093% | 8h | 0.1124 | −0.065% | $62K | $13K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1126 | +0.107% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0026% | 1h | 0.1120 | −0.453% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGOshort | +0.0100% | 1h | 0.1127 | +0.142% | $3.8M | $1.9M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1127 | +0.171% | $44K | $35K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1125 | −0.024% | $10.0M | $34.8M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1125 | −0.044% | $3.0M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1127 | +0.169% | $889K | $834K | 50x | as long as short |
| MEXC ALGO_USDTlong | +0.0100% | 8h | 0.1125 | long leg | $23.1M | $2.9M | 200x | |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1126 | +0.071% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1126 | +0.080% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1125 | 0.000% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1125 | −0.036% | $66K | $107K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1128 | +0.258% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1125 | +0.025% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1125 | +0.009% | $495K | $796K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0321% / S −0.0312% | 1h | 0.1126 | +0.089% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1424% | 1h | 0.1127 | +0.158% | $162K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD